Do you need a bit of help in keeping track of your finances? Do you want a powerful yet comprehensive tool to track your accounts and transactions? Do you want to get all these things for free? If your answer to all these questions is something like “sure I do”, then I invite you to check out KMyMoney. This is a free, powerful, yet easy to use, personal finance manager.

The application's installation file for Windows is close to 50MB in size. Run this file once the download completes and you will be presented with a setup wizard that will guide you through the installation process. When you’re done and you launch KMyMoney for the first time, you will be presented with a “Welcome to KMyMoney!” prompt that will guide you through the initial program setup. You will get to enter some personal data, select a currency, select accounts, and set some program preferences.

On the left hand side of the application’s interface you will see numerous buttons: Home, Institutions, Accounts, Scheduled Transactions, and more. Use these buttons to easily and quickly switch from one section to another. At the top of the interface you will see a traditional File Menu and a toolbar with buttons for several functions and features offered by the application – open ledger, edit account, find transaction, and so on.

Speaking about features, here’s a quick look at KMyMoney’s main features: support for numerous accounts types, support for multiple currencies, track income and expenses, bank account reconciliation, import and export data, access a variety of reports, manage budgets, view forecasts, schedule transactions, manage a checking account, and more. The application was developed with ease of use in mind – so accessing the functionality it offers is a fairly straightforward matter. If you’ve ever used a commercial personal finance manager before, you should quickly get started with KMyMoney.

And speaking about commercial personal finance managers, KMyMoney offers the same sort of functionality you would expect to get from a paid manager – but it offers it for free (it is released under a GNU General Public License).

With KMyMoney, you get all the finance management functionality you need. You can access it via a user friendly interface and you don’t have to part with your money for it.

Pros KMyMoney is available for multiple platforms. The application was designed with ease of use in mind. A nice set of powerful finance management features is put at your disposal. KMyMoney is a free application.